Quote from: bigvilley on September 12, 2024, 05:00:35 PM

If you’re confident in Bitcoin’s long-term potential, buying the dip could be a solid move. I wouldn’t borrow or sell assets just to get in, but if you have some extra cash do it.

Buying crypto assets with all your savings or income is not the best idea to go about it because one may end up being disappointed with the outcome of their investments in the cryptocurrency, especially bitcoin. Oftentimes people have attached superfluous beliefs and expectations to bitcoin thinking that it will get them rich quickly, but on different occasions, it has shown that Bitcoin or other power cryptocurrencies are basically moving on realistic trends of the market.

What I always advise people is, to be confident on bitcoin's long-term or short-term potentials, isn't just enough, ensuring that you carefully understudy the market trends and how it can favor your investment is the right way to doing things in the cryptocurrency space because what may seem to be the most profitable currency now, can simply go dip and even dipper without solutions, if the coin doesn't profit the investors any longer.